BRAC Bank Limited » SME Banking » Loan Products

SME Banking

Supplier & Distributor Loan a loan for various suppliers & distributors to expand their businesses

Product Type

Equated Monthly Installment & Single Installment

Loan Ceiling

BDT 3 lac to below 10 lac

Tenure

	EMI-12 to 36 months
	Single Installment - 3 to 9 months

Loan amount

Required loan amount + up front installment(if any)+ all fees and charges with applicable VAT

Loan processing Fees

2.5% of base loan amount+ VAT

Interest Rate

	17.25% for New Loan
	17.00% for 1st time repeat & so on (if applicable)

Security

Hypothecation on present & future assets, two personal guarantors & post dated cheques

For any banking needs please call 24 Hour Call Center 16221 or e-mail us at enquiry@bracbank.com

We will soon be in touch with you

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